Asia AM: China local authority debt ‘out of control’, IMF cut...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/WDI4RR/1OQOO0/3FN0UE/RN7YTC/   Asia AM Wednesday April 17 2013 Financial Times - Asia homepage   China local authority debt 'out of control' A Chinese auditor raises fears about local government debt, saying it could spark a bigger financial crisis than the US housing market crash http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/3CSC2G/W1/h?a1=2013&a2=4&a3=16   IMF cuts 2013 global economic outlook Main concerns for the fund include the uneven recovery among countries, the eurozone's ability to end its crisis, and the US and Japan's public debt http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/EKHKY6/W1/h?a1=2013&a2=4&a3=16   Gold's fall costs Paulson $1.5bn this year Estimated losses for hedge fund manager who has made and lost more money on gold than almost any peer reflect bold all-in bet on precious metal http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/JQOQJQ/W1/h?a1=2013&a2=4&a3=16   FBI reveals details about Boston bombs Appeal made to members of the public to come forward with information about anyone seen carrying a heavy bag around the time of the bombings http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/52R27C/W1/h?a1=2013&a2=4&a3=16   Economists' case for austerity attacked Rogoff and Reinhart said they would review criticisms but argued there was consensus on the basic conclusion of higher debt leading to slower growth http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/Q373UX/W1/h?a1=2013&a2=4&a3=16   Intel margin falls ahead of chip launch The new chips are set to bring down power consumption and boost battery life in laptops and other mobile devices when they are shipped later this year http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/T141TN/W1/h?a1=2013&a2=4&a3=16   China approves Glencore and Xstrata deal Glencore agrees concessions with China in order to create one of the world's largest companies in the natural resources industry http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/3CSCA6/W1/h?a1=2013&a2=4&a3=16   Yahoo display ads sales disappoint Rates for both the search ad and banner ad categories came under pressure, amid efforts by new chief Marissa Mayer to introduce stability into the business http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/52R2ZL/W1/h?a1=2013&a2=4&a3=16   Gold rebounds from two-year low Europe and Asian bourses add to recent declines but Wall Street recovers from worst one-day fall in five months http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/SU5ULY/W1/h?a1=2013&a2=4&a3=16   China lifts lid on military secrecy Ministry of National Defense report marks the first time the world's largest standing army by headcount gives this level of detail on its structure http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/Z8I8OP/W1/h?a1=2013&a2=4&a3=16   Financial Times - US homepage   Venezuela forces Cuba's pace of change Havana is slowly making reforms, but it has yet to make some of the biggest – and if Venezuela pulls its subsidy it may have no choice but to act fast http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/IE6E97/W1/h?a1=2013&a2=4&a3=16   Questions raised over Thatcher funeral The magnitude of the event has raised questions about the cost and the cancellation of PMQs, amid concern at the absence of frontline US politicians http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/B414X2/W1/h?a1=2013&a2=4&a3=16   EU carbon vote dooms plan for market fix Vote outcome confirms a reality that had been dawning on politicians and policymakers across Europe well before the ballot http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/K909J4/W1/h?a1=2013&a2=4&a3=16   Financial Times - UK Homepage   IMF deals blow to Osborne's plan A Fund cuts growth forecast and adopts stronger line on deficit reduction, urging the coalition government to contemplate changing course without delay http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/52R27V/W1/h?a1=2013&a2=4&a3=16   Next staff to share chief's £2.4m bonus Lord Wolfson forfeits long-term incentive award, which will be distributed among 19,400 employees, but the Tory peer will still take home £4.63m http://link.ft.com/r/WDI4RR/PN89ND/0GINVW/II4GJT/87375O/W1/h?a1=2013&a2=4&a3=16   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..